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Premier League bail out for EFL

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Stadium
October 14, 2020, 6:07pm
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“There's nothing wrong with the car except that it's on fire.”- Murray Walker
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Stadium
October 14, 2020, 6:15pm
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Rescue package for Leagues One and Two
Also at today's meeting it was agreed to make available a rescue package which aims to ensure that League One and League Two clubs will not go out of business as a result of the financial impact of COVID-19 and be able to complete the 2020/21 season.

League One and League Two clubs rely more heavily on matchday revenue and have fewer resources at their disposal than Championship or Premier League clubs and are therefore more at risk, especially at a time when fans are excluded from attending matches.

This offer will consist of grants and interest-free loans totalling a further £50million on top of the £27.2million solidarity payments already advanced to League One and League Two this year, making a total of £77.2million.



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